As Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.
Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future.
We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career.
Your Opportunity Starts Here.
Payment Processing & Authorization:
Process and authorize both domestic, international remittance transactions (Telegraphic Transfer/ Velocity/Internet Banking) accurately and within stipulated timelines.
Oversee end-to-end remittance processing activities ensuring accuracy and timeliness.
Ensure payments are processed in accordance with company policies and regulatory requirements.
Conduct verification and reconciliation of payment records to ensure accuracy and completeness
Maintain up-to-date knowledge of payment systems and industry best practices
Compliance & Exception Handling:
Monitor compliance with internal controls, regulatory guidelines, and industry standards.
Identify, investigate, and resolve exceptions and discrepancies in payment transactions.
Collaborate with compliance teams to implement corrective actions and mitigate risks.
Ensure all remittance transactions comply with regulatory requirements, anti-money laundering (AML) policies, and internal controls (eg: signature verification & call back requirement)
Stakeholder Management & Collaboration:
Build and maintain strong relationships with internal stakeholders including finance, compliance, IT, and customer service teams.
Collaborate with external partners such as payment gateways, and vendors to ensure smooth remittance operations.
Communicate effectively with senior leadership on operational status, challenges, and improvement plans.
SLA Management:
Monitor and ensure adherence to established SLAs for remittance processing and related services.
Prepare and present regular performance reports to senior management.
Identify bottlenecks and implement strategies to improve SLA compliance.
Customer Service & Issue Resolution:
Act as a point of escalation for complex customer issues related to remittance processing.
Collaborate with customer service teams to ensure timely and effective resolution of payment-related queries.
Maintain strong relationships with internal and external stakeholders.
Document and track issues to ensure timely resolution and follow-up.
System Monitoring & Escalation:
Oversee system monitoring activities to ensure uninterrupted remittance processing operations.
Coordinate with IT and vendor teams to address system issues and outages promptly.
Escalate critical system failures or risks to senior management as needed.
Process Improvement:
Continuously review and analyze remittance processing workflows to identify opportunities for efficiency gains.
Identify bottlenecks and recommend automation or workflow enhancements.
Promote a culture of innovation and accountability within the team.
Audit Coordination:
Prepare documentation and evidence for internal and external audits related to remittance processing.
Address audit findings and implement recommendations in a timely manner.
Qualifications
Bachelor’s degree in Banking & finance, Business Administration, or a related field.
Minimum 3-4 years of experience in payment processing, remittance operations, or financial services, with at least 1 years in a managerial role.
Strong knowledge of payment systems, remittance workflows, and regulatory compliance requirements.
Proven experience managing SLAs and driving process improvements.
Excellent analytical, problem-solving, and decision-making skills.
Proficient in payment processing software and MS Office applications.
Exceptional communication and stakeholder management skills.
Ability to work under pressure and manage multiple priorities simultaneously
Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.
What We Do
OCBC is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker. OCBC and its subsidiaries offer a broad array of commercial banking, specialist financial and wealth management services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services. OCBC’s key markets are Singapore, Malaysia, Indonesia and Greater China. It has more than 570 branches and representative offices in 19 countries and regions. These include about 300 branches and offices in Indonesia under subsidiary Bank OCBC NISP, and over 90 branches and offices in Mainland China, Hong Kong SAR and Macau SAR under OCBC Wing Hang. OCBC’s private banking services are provided by its wholly-owned subsidiary Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals. OCBC's insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia. Its asset management subsidiary, Lion Global Investors, is one of the largest private sector asset management companies in Southeast Asia.
